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Search Results 0 to 26 of about 27 (some duplicates have been removed)
rake, only on the money you make on the margin. stephen moore is here from the wall street journal and he's ready to jump out of his skin after i said that. he specializes in telling me why i'm wrong. and our other guest, david johnston wrote "the fine print." stephen, you are our resident anti-tax crusader. i totally agree every penny counts when it comes to your own money. when you compare the taxes most americans paid in past decades i don't get why republicans are screaming bloody murder about this. what would be so bad with the wealthiest among us chipping in a little bit more? i'm emphasizing just a little bit more. >> when you showed that chart of the tax rates that was exactly accurate. we had 70% tax rates in the '70s. that didn't turn out well. then we cut the rates significantly. went down to 50%, 28%. the rates went up to 35%. i would love to see you super impose on that chart the share of taxes paid by the rich. here is the interesting thing. >>> one of the reason the deficit went down is you had a big increase in the number of people making money. they paid more tax.
of spending restraight. >> i want to bring stephen moore back into the conversation. a lot of people don't like grover norquist you've defended him. you come from the same place in a lot of things. here's where i take issue. he said increasing taxes avoids the conversation on having the spending discussion. i said i don't think that's causal. i think we can agree we're not having a robust-enough conversation on how to deal with spending in this country and how to make government more efficient. is it a fact by raising taxes we're just not going to have that discussion? >> yeah, i believe so. i believe every time you raise taxes it reduces the pressure to cut spending and i agree with grover on that i want to take issue on one thing you said to grover that i think is a little unfair. the vote we had last week, the job boehner plan b, which actually there was no vote -- >> you know, you've been saying, these guys are just following the instructions of grover nor quest. look, i actually think republicans made a mistake personally in not approving plan b. but you know, the people voted again
've got to get this done. >> "outfront" tonight, daniel altman at nyu stern school of business, stephen, let me start with you. do you share the president's mod els optimism? >> you know, my opinion of this changes every couple of hours, john. because there's these negotiations going on. and this morning i felt pretty positive the president was flying back from his hawaii vacation, republicans seemed to be in the mood to try to get this done, and they could bridge this gap. but you know, my conversations with some of the republican leaders is that not much was accomplished today. and as you know, john, the clock is ticking. what are we, 72 hours away from going over that cliff? i'm not sure this is going to get resolved right new. looks like we may go into january without a deal. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. extending the alternative mi
as it may seem to you, stephen, will it be a bad thing for the economy? >> i'm going to answer your question with a question. say that the republicans and i think at the end of the day, they probably will give bill clinton, barack obama his tax increase on the rich, but you know what? we go into 2013 with still a trillion dollar deficit and the question i ask you two and president obama if he were on the show, what's act two? what do we do next? >> you do agree with stephen on one thing and that is that there is some work to be done on inefficient spending? >> the best funding program we have in the government is social security. health care. for every dollar, the other three modern countries spend per capita in other dollar, we spend $2.64 and still have 50 million people without insurance. if we could get france's health care system, widely regarded as the best in the world, we could eliminate 40% of income taxes and still have the same deficit. if you look at the federal budget numbers, the budget is coming way down. the economy is improving. higher tacks allow us to create jobs where peo
out, i spoke with stephen moore from the "wall street journal". >> looking forward, not backward, the republican dangers, there may be an accelerating economy. you can't simply say obama is bad. you have to have an affirmative message. it has to be economically inclusive. that means i think ruling away from the myth of the heroic entrepreneur as the main hero and also the main victim of the american economy and understand that the people who have been leading big companies are actually doing pretty well. the harm is to the middle. >> stephen, talk to me about this. the fact is we do think the entrepreneur as heroic in the u.s. how do you square that circle? >> i think the backbone is the entrepreneur. i think republicans have to make this connection with workers that, you know, if you hurt the businesses who are hurting jobs, i don't think they've done a good job of doing that. i certainly agree that health care is a big issue. i kind of agree with david that republicans have kind attacked the obama idea. i think reasons have to a very robust alternative that might be rejected in
can republicans find an economic message that resonates with voters? to find out, i spoke with stephen moore from the "wall street journal." and a contributing editor at "newsweek" and author of a new book, how did he write this so fast "why romney lost. "looking forward, not backward. the republican dangers, there may be an accelerating economy. you can't simply say obama is bad. you have to have an affirmative message. it has to be economically inclusive. that means, i think, moving away from the myth of the heroic entrepreneur as the main hero and also the main victim of the american economy and understand that the people who have been leading big companies are actually doing pretty well. the harm has been done to the american middle which is experiencing slow growth. what we need to see above all are control of health care costs. that's the key to getting middle incomes rising again. >> stephen, talk to me about this. the fact is we do think the entrepreneur as heroic in the u.s. how do you square that circle? >> i think the backbone is the entrepreneur. it's the person who sets ou
. looks like we may go into january without a deal. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. not being talked about enough. extending the alternative minimum tax patch. prevents cuts in payments to doctors who treatment medicare payments. -- patients. would this scaled-down proposal save us from economic disaster? >> we've done a tremendous amount of damage to ourselves, embarrassing ourselves around the world. we're assuring investors we're as risky as standard & poor's thought we were when they reduced our credit rating. it would be great if we could avoid sharp credit risks. restoring the unemployment insurance benefits is really important because you have millions of people who are depending on this for income. and they're going to spend that money if you give it to them and that's what the economy needs. >> absolutely right. >> wait, hold on. le
, next. stephen ohlemacher will join us, followed by roundtable discussion. first news update from c-span radio. >> its data clock 33 eastern. defense secretary leon panetta is in afghanistan today. in remarks to about 100 u.s. service members inside an aircraft hangar at a desert base, he thanked them for their service and emphasized that the u.s. is winding down its involvement in the war. he also said that president obama will decide in the next few weeks how many u.s. troops will stay in afghanistan after the combat mission ends in december of 2014. there are currently 56,000 u.s. troops there. north koreans dancing in the streets of their capital today after the regime successfully fired a long-range rockets, defying international warnings. gallants is likely to bring fresh sanctions and other punishment from the u.s. and its allies, which were quick to condemn its asked a test a technology for a missile that could attack the u.s. mainland. p'yongyang says it was merely a peaceful efforts to put a satellite into orbit. national security council spokesman is calling the launch "a
, dr. hansen is receiving the 2012 stephen schneider award for outstanding climate science communication bestowed by climate one. stephen schneider was a pioneering scientist at stanford who was involved in the formation of climate one that which is a sustainability initiative at the commonwealth club. so please welcome, dr. hansen to climate one. [applause] dr. hansen, welcome back. it's been two years since you were here. i'd like to begin with hurricane sandy. you are a teacher at columbia, you live in manhattan, where were you when sandy was approaching and when sandy hit new york? >> i was on our farm in kintnersville, pennsylvania, where we ended up losing power for better part of the week, and four big trees blown over, the railings blown off our deck and windows blown out of the barn. so even in pennsylvania, which is separated from the atlantic ocean by new jersey, we still -- >> thanks, new jersey. >> new jersey didn't do much to buffer it. but that's where i was. and we -- you know, the lights went out and we heard these noises on the second floor as the -- as th
into the last shopping weekend before christmas, and stephen bebis is the ceo of brookstone and joins us now on how the holiday season has been shaping up. good morning to you. >> good morning. >> before we get into the holiday season, i need to admit something. i am the guy who sits in those chairs in the airport, you know how you have them in your -- in your store? >> yeah. >> and the massage chairs. and i wonder, do you sell those chairs? i know they're for sale. but how many of those chairs do you sell in a given year? >> we actually sell thousands of those chairs. it's one of our strongest items in our stores. our sales are up over 20% in shares this year alone. >> but you were mad when it just stopped and you were like, this is a mis -- i thought there was more. >> no. i get mad when the brookstone guy comes over and says you've been sitting in that chair for probably too long. and i haven't bought anything yet. >> well, we like you trying the chairs. we like to demonstrate those chairs. because once you sit in a brookstone chair, you're going to want one. they're fantastic. >> for not
of the greatest generation? >>> first, though, south carolina's governor taking on stephen colbert on facebook. that could be you. all over facebook and all over the state trivia and the race for the latest va can senate seat in the palmetto state. actually humorous. when it involves south carolina, it usually is. [ male announcer ] rocky had no idea why dawn was gone for so long... ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not an
. they understood margaret thatcher's rules for stephen the argument then you win the vote. george washington denied that they were marching to climb on the votes in the snow storm had his officers greeted the opening pages of thomas kane's latest pamphlet which washington had asked him to write. he was the great pamphleteer with common sense and describe the declaration of independence and now it was turning out to be really hard. in july of 1776 had turned into a bitter and painful depressing and demoralizing series of defeats. when washington had the crisis which begins these are the times as washington said the first to win the argument then you in the war. people had to believe. i just came here tonight to say to you we have no reason to despair, no reason to back off, no reason to surrender but you have every reason to behave as americans. i look forward to questions. [applause] [applause] so, the speaker has been kind enough to give us a few minutes for questions and answers and all i ask is if you have one you raise your hand. there are people in the aisles with microphones if you can wait u
, morgan lander and stephen nicholas is with us, ed moy and rick lake was with us earlier. chad morgan lander, what do you do? investors are watching all of this, they want some direction and they want to get ready for 2030 and the nonsense continues in washington. >> well, the market is going to get sloppy over the next two weeks until they get a resolution, and you should fully expect that they will get a resolution, and it will be just a short-term resolution. once you get, that the market will then snap back, so we're expecting between a 5% and 7% correction within the market until that time comes, but do you want to layer in risk. you want to be buying good quality companies at this point in time as the market comes into, because that market will snap back, and you will see a modicum of economic growth going further out into the spring. >> and i can see that apple is one of the ones that you like there in terms of snapping up beaten down stocks. you see 20% upside. ed, i want to get to you because i was reading through your bio and you worked at the white house for almost six year
, he's got me. host: stephen, who did you vote for in 2008? in 2012.ean caller: i voted for president obama. i really liked mitt romney. why do i have to pay less taxes than my friend from massachusetts? that really bugged me. host: that is stephen from connecticut. tyrone is a republican from the bronx. caller: i think hillary clinton would be an excellent candidate in 2016. i think she handled the middle eastern issue to the best of her ability. also, as far as the gop is concerned, i think she has made strides toward eliminating the tax spending through various commitments with private entities and organizations that are coming out of the woodwork. i was watching earlier today and what they were requesting from the white house was let's fix this problem by incorporating a small businesses and less government intervention to curb the deficit. it has been astronomical. then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the mid
arrest in the benghazi, libya counsel attack that killed ambassador chris stephens and three other americans. reporting from cairo egypt, our reporter. >>> >> reporter: egyptian sources tell nbc news they have a man in their custody they believe is connected to the attack on the u.s. consulate in benghazi on september 11th and killed four americans including ambassador chris stephens. according to an e judicial source the man is identified as being in his late 30s. he is known to egyptian intelligence officials for his connections in the past with extremist groups in egypt and libya and his connections with groups in afghanistan and iraq. after the country's revolution he managed to escape from a prison where he was being held. it was shortly afterwards he emerged on this scene for egyptian intelligence officials who say he began trading in arms between libya into egypt and then ultimately onto gaza. right now there's no indication what role he may have played precisely in the attack on the u.s. consulate. he is being held in egyptian custody. there were some conflicting reports as
-- vietnam war. >> stephanie: speaking of john mccain he -- he was asked what he would teach stephen colbert if the comedian became the next senator from south carolina. he said how to shut up. >> huh? >> really? does he know how? >> mccain knows how to shut up? those who can't do, teach. >> stephanie: sexy liberal tour comedians rule the world. he's ahead. stephen colbert is ahead. he leads the list of potential candidates to replace jim demint in a new public policy polling. >> one thing i learned about working with john mccain when i worked in arizona, do not get between him and a television camera. >> stephanie: jim and i made that mistake once at the last inauguration. >> you will die! >> stephanie: we were trying to get out of his way. he was storming toward imus or something. >> he and lindsey graham are jockeying to be the biggest gadflies. ron paul was taking a powder to get out of the camera way in the house or whatever so these two guys are the two senators. >> stephanie: he's the senator from t
tax refunds would be delayed. stephen miller sent a letter to the house and senate. tax writers saying this is going to be unexpectedly higher taxes for many taxpayers who simply aren't aware of their new tax liability. it will be a total and complete mess. 100 million tax refunds delayed, 30 million more people have to pay the amt. >> you've been looking into the business of guns all week. there is just fascinating stuff going on. >> a billion dollars in profit this year. one forecast, a billion dollars in profit this year for this industry. kint ov i can't overstate how big, powerful and profitable it is to make the guns you're looking at on your screen. the traditional bolt action rifles and guns you think as a big part of the industry, the fastest growing part of the market are the sport rifles. there is a coolness and hipness factor in owning the military style rifles. there is huge soaring demand for those. there are more gun shops in america than there are super markets and mcdonald's restaurants locations combined. think of the impact of this part of the -- you don't talk about
the america's financial future. here is stephen ohlemacher. thank you for being here. how many people in america receive social security? >> a little bit more than 56 million people get social security. the average benefit is a little over $1,200 a month. so maybe it is like $13,000, $14,000 a year. >> we're talking about retirees but also the disabled. >> yes, fairly wide group of people get social security benefits, retired workers, spouses, children, disabled workers, widows, widowers. it is a fairly big social safety net of people who get social security benefits. >> as you mentioned about 56 million the retirees received a $1,2 a month. there is also the s.s.i. about $500 a month. how does social security get financed? >> it has been a self funded program. it is funded by payroll taxes. there's a 12.4% tax on wages up to about $110,000. you make more than that then any money you make over that is not taxed for social security. it is divided equally between your employer and the worker. for the past two years, the workers share has been reduced. that has saved, by the way, if you
in massachusetts. he ran against scott brown and loss. congressman stephen lynch. name out of contention is ted kennedy, jr. he will not seek the seat. he was speculated to seek the seat of his late father. the decision to buck the dying inouye. senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite of everything, all of the doom that is being forecasted. i am reminded of erskine bowles and alan simpson. about three weeks ago or four weeks ago, they met with the president and members of congress and discuss their feelings afterwards with the press. erskine bowles said he felt there was a third of a chance that there would be a deal and a third of a chance no deal and a third there would be no deal until after we went past the january 1
schwarzkop died at the age of 78. supreme court justice stephen briar talks about the united states constitution and the history of the rule of law. this interview was part of a discussion on china opposed the legal system hosted by the brookings institution. china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the states. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, stud
rate. >> stephen bebis of brockstone in newton, massachusetts. happy holidays. thanks so much. >> thanks for having me on the show, carl. thank you. >>> a quick check of the markets before we go to break. dow is up 114. again, five days straight. we haven't done that since the springtime. talk more about it in a second. >>> by the way, up next, four years ago today bernie madoff was arrested for running the biggest ponzi scheme in u.s. history. are we any safer today? we'll talk about it after a quick break. ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a m
a question -- >> identify yourself, please. >> my name is stephen hank, and i have no affiliation. i'm just retired, come to cato events all the time. i want to ask a question that you probably might consider outside the box, but everything, everything that you're both, you're all saying sort of assumes that there should be criterion of some type administered by the university whether it's academic achievement. and i'd like to throw out to you why the idea that every other service of that's provided in our society is divvied up by price and, therefore, when the people who most need it, who most need it will determine that they're willing to pay the price for the best education. and, in fact, a lot of times you have really brilliant people who have no need to go to university, and they're going to get very little out of things, and it may be the weakest student that may get the best, the most out of the education. my question to you is why is this ab sent in any discussion, what i've just said, of affirmative action or of education? and it's pretty clear that the customers in this situation
would like to talk a little bit about the fact that stephens said something about the one republican senator. what about harry reid and the veto on everything that comes from the house if he does not like it? the filibuster is that harry reid can decide he will not take it up, but they cannot filibuster? guest: first of all, the filibuster is not in the constitution. it is not a pocket veto, but it is something only the president can do. you are right in the sense that the majority is what determines what the agenda will be. john boehner decides what will come to the floor and when. you just saw it in the house. the unwillingness of john boehner to take up the extended tax cuts. this is not anything new. this is a long tradition in both houses. you have a split congress with both sides not working together. you are exactly right, this is the majority of one house, moving into the other. host: are you still there? caller: i agree with his explanation, but everything comes across two very read and he does not bring it up for a vote, then my senator, that meet stabbed now -- at least ca
the program is stephen olmacher, joining us from the associated press. how many people in america receive social security? how much social security to people get? guest: >> 66 million people. the average benefit is a little over $12,000 -- a little over $1,200 a month. maybe $13,000 a year or so. host: we are talking about retirees and the disabled. guest: a fairly wide group of people receive social security benefits. retired workers, spouses, children, disabled workers, widows, woodward's. -- widowers. a big safety net of people. host: retirees receive about $1,200 a month on average. the benefits for the disabled, $1,100 a month on average. how does social security get financed? guest: it has been a self-funded program since its inception. it is funded by payroll taxes. there's a 12.4% tax on wages up to about $110,000. if you make more than that, any money you make over that is not taxed as part of social security. the tax is divided equally between your employer and the worker. for the past two years, the workers' share of 6.2% has been reduced temporarily to 4.2%. as the temporary t
Search Results 0 to 26 of about 27 (some duplicates have been removed)